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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: pcstel who wrote (19486)11/24/2000 12:40:37 PM
From: Jon Koplik  Read Replies (1) | Respond to of 29987
 
pcstel - if there is something magic about going from 14.99% to 15.01% of the outstanding amount of a particular issue of a bond, then ...

how about EACH of Loral, Globalstar, Qualcomm, Vodafone/Airtouch all just happening to decide to buy 15% of G* debt, and then somehow "engineer" the debt to be extinguished.

(Maybe (for those other than G* and Loral) receiving a larger piece of Globalstar (?))

Jon.